Business

All the recent business news in Nigeria, economy and industry updates.

IMF, World Bank must stop imposing austerity policies on Africa – ActionAidGood

The Country Directors of ActionAid in Africa have urged the International Monetary Fund (IMF) and the World Bank to stop imposing austerity policies a

Customs, JTB, NDLEA score zero in ease of doing business compliance

The Presidential Enabling Business Environment Council (PEBEC) has released its half-year ease of doing business compliance report with the Nigeria Cu

Insurance sector grows from N827bn to N2.33trn in 2022

The Commissioner of Insurance, Mr. Sunday Thomas revealed that assets under management in the insurance sector grew by 12 per cent from N827 billion t

$2 billion annual wheat importation unacceptable – Minister

The Minister of Agriculture and Food Security, Senator Abubakar Kyari, has described as unacceptable the $2 billion annual wheat importation to the co

Elumelu proposes N30bn capital base for general insurance, N20bn for group life

Chairman, Heirs Insurance Group, Mr. Tony Elumelu has proposed N30 billion and N20 billion as capital base for general and non-group life insurance fi